We recently downgraded our rating on Unilever N V (NYSE:UN) to Underperform from Neutral weighed down as it is with continued input cost headwinds and a difficult macro-economic environment which shows no signs of near-term abatement.
Unilever recently announced fourth quarter and full year 2011 results. Unilever’s core-earnings per share of €1.41 ($1.96) in fiscal year 2011 increased 4% from the prior year on the back of sales growth. However, gross margins went down by 180 basis points due … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards